This scheme enables the Foundation to recover the basic rate of tax paid on all donations received from donors who pay sufficient tax in the United Kingdom. All that is required is that the donor signs a simple declaration confirming that they have paid sufficient tax to cover the amount that will be recovered by the Foundation on their donation. The scheme also enables donors who are higher rate taxpayers to recover for themselves the difference between the basic rate of tax and the higher rate of tax. The donor recovers this on the annual self-assessment return when it is completed for the Inland Revenue, although tax relief may not actually be given until the final tax payment date for a tax year, which is the 31st January following the end of the tax year.

Effective April 2008

As the basic rate of tax has been reduced, the amount that can be claimed by charities in Gift Aid has dropped from 28p to 25p in the pound. 

• The amount of money claimed by charities will fluctuate in accordance with the change to  basic rate tax
• The difference will be made up in Transitional Relief
• The Transitional Relief is not connected to Gift Aid or tax rates
• This relief gives charities time to adjust to the projected fall in income from lower rates of basic tax 

 Gift Aid Calculator

To calculate the value of your gift with Gift Aid to the Bradfield Foundation, open the Gift Aid Calculator using the button below and enter your donation amount. When prompted to Open, Save or Cancel, select the Open option.

To use the calculator click here